Kilroy Realty Corp (NYSE:KRC) – Investment analysts at KeyCorp decreased their FY2018 earnings per share estimates for Kilroy Realty in a research report issued on Thursday. KeyCorp analyst C. Mailman now expects that the real estate investment trust will post earnings per share of $3.66 for the year, down from their prior estimate of $3.70.

Kilroy Realty (NYSE:KRC) last announced its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.19). The company had revenue of $181.50 million during the quarter, compared to the consensus estimate of $179.03 million. Kilroy Realty had a net margin of 23.77% and a return on equity of 4.44%. The business’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 earnings per share.

A number of other analysts also recently issued reports on KRC. BMO Capital Markets reiterated a “buy” rating and issued a $79.00 price target on shares of Kilroy Realty in a report on Tuesday, January 9th. Robert W. Baird downgraded shares of Kilroy Realty from an “outperform” rating to a “neutral” rating in a report on Monday, January 8th. Stifel Nicolaus reiterated a “buy” rating and issued a $77.00 price target on shares of Kilroy Realty in a report on Thursday, September 21st. Goldman Sachs Group initiated coverage on shares of Kilroy Realty in a report on Tuesday, September 19th. They issued a “neutral” rating and a $70.00 target price on the stock. Finally, JPMorgan Chase & Co. downgraded shares of Kilroy Realty from an “overweight” rating to a “neutral” rating and set a $79.00 target price on the stock. in a report on Friday, December 15th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. Kilroy Realty presently has an average rating of “Hold” and an average target price of $76.86.

Shares of Kilroy Realty (KRC) traded down $0.25 during midday trading on Monday, reaching $71.55. 471,800 shares of the company’s stock were exchanged, compared to its average volume of 522,411. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market cap of $7,039.25, a P/E ratio of 47.07, a P/E/G ratio of 2.70 and a beta of 0.79. Kilroy Realty has a one year low of $67.00 and a one year high of $78.33.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were issued a $0.425 dividend. The ex-dividend date was Thursday, December 28th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.38%. Kilroy Realty’s dividend payout ratio (DPR) is presently 111.84%.

Several hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio boosted its stake in shares of Kilroy Realty by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 151,531 shares of the real estate investment trust’s stock worth $10,777,000 after purchasing an additional 919 shares during the period. Kemper Corp Master Retirement Trust boosted its position in Kilroy Realty by 66.7% in the 3rd quarter. Kemper Corp Master Retirement Trust now owns 4,000 shares of the real estate investment trust’s stock valued at $284,000 after buying an additional 1,600 shares during the period. Janus Henderson Group PLC boosted its position in Kilroy Realty by 12.6% in the 3rd quarter. Janus Henderson Group PLC now owns 64,410 shares of the real estate investment trust’s stock valued at $4,581,000 after buying an additional 7,200 shares during the period. Vident Investment Advisory LLC purchased a new stake in Kilroy Realty in the 3rd quarter valued at about $235,000. Finally, Cornerstone Capital Management Holdings LLC. boosted its position in Kilroy Realty by 1.8% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 47,806 shares of the real estate investment trust’s stock valued at $3,399,000 after buying an additional 856 shares during the period. 97.80% of the stock is owned by hedge funds and other institutional investors.

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Kilroy Realty Company Profile

Kilroy Realty Corporation is a real estate investment trust (REIT). The Company operates through the office properties segment. It operates in office and mixed-use submarkets along the West Coast. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Greater Seattle.

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